Privatisation

Environment

News

Resilience and Sustainability Trust’s first loans promote climate PPPs, raising concerns they may create fiscal risks

Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.

5 April 2023

Social services

News

World Bank issues new guidance on PPPs legal frameworks, ignoring long-standing concerns with the model

New World Bank guidance on PPP legal frameworks evidence of institution’s continued reliance on PPPs as key to addressing SDG financing gap despite well-documented failures. Previous World Bank PPP contracts template criticised for incompatibility with human rights norms.

4 October 2022

Social services

News

Civil society calls to move away from PPPs grow, while World Bank doubles down on private finance-led approach

Civil society ramps up calls to move away from public-private partnerships (PPPs) with Santiago Declaration for Public Services. 

5 April 2023

Infrastructure

News

MIGA’s support for gas projects raises concerns about its climate credentials

World Bank’s commercial insurance arm provided nearly $850 million in guarantees for gas projects in Bangladesh and Mozambique in fiscal year 2022.

5 April 2023

Social services

News

Global Day of Action against the IMF and World Bank rejects corporate recovery agenda

Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.

9 December 2021

Finance

News

Civil society frustrated by lack of substantive engagement in IDA20 replenishment process

Private sector first approach intact in IDA20 replenishment despite CSO recommendations.

9 December 2021

IFI governance

Background

An economic future for whom? The Cascade/MFD and recovery

Notes from the virtual Spring 2021 Civil Society Policy Forum on 25 March 2021.

25 March 2021 | Minutes

IFI governance

Analysis

Annual Meetings 2020 Preamble: IMF and World Bank frontload austerity and privatisation in Covid-19 recovery, while the world calls for more inclusive multilateralism

As the inability of Bank and Fund to adapt their policies in response to the Covid-19 pandemic becomes more evident, hope turns to the UN system and a radical restructure of the global international financial architecture.

12 October 2020

Knowledge

News

Doing Business Report to be published after temporary suspension over data irregularities

World Bank plans to publish latest DBR in March and undertake an external review of the report’s methodology.

23 March 2021

Social services

News

World Bank loan to India promotes private sector in education as millions of children out of school

World Bank Indian education loan causes controversy over private sector provisions.

6 October 2020